Italian Eyewear Exports Boom
Italian eyewear manufacturers' revenues grew by an estimated 18.7 percent last year to 3,385 billion lire (e1,748m-$1,577m), not including inter-company sales of about 1,188 billion lire (e614m-$553m). The growth stemmed mainly from a big boost in Italy's exports of sunglasses, driven by Luxottica's 1999 acquisition of Ray-Ban and the subsequent ...
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